Swiggy's confidential IPO filing; Blinkit's rising valuation
Swiggy has confidentially filed draft IPO papers with the capital markets regulator. Details on this and more in todays ETtech Top 5.
Source: indiatimes.com
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Reddit to launch IPO, aims to raise over $700M in new capital
Reddit on Monday released filing paperwork that outlined the details of its initial public offering on the New York Stock Exchange.
Source: yahoo.com
Sam Altman: OpenAI's Sam Altman stands to rake in over $400 million from Reddit IPO
Altman is the third-largest shareholder in Reddit owning an 8.7% stake comprising 789,456 Class A shares and 11.4 million supervoting Class B shares. If Reddit hits the $5-billion valuation in the IPO, Altmans stake would be valued at about $435 million.
Source: indiatimes.com
Reddit files IPO with US Securities and Exchange Commission
SAN FRANCISCO (KRON) — Reddit filed an initial public offering on Thursday, according to a document on the United States Securities and Exchange Commission website. The social news website, which is headquartered in San Francisco, has applied to have its Class A common stock listed on the New York Stock Exchange under the symbol, “RDDT,” […]
Source: yahoo.com
World Street | Crypto ETF milestone; Red Sea strikes; Google layoffs; Tesla's China price cuts; AI battleground; Microsoft's brief market crown
From the US SEC approving 11 spot bitcoin ETFs, military strikes in the Red Sea to Google layoffs and Tesla's price adjustments in China, here's a look at some of the developments from the world of business
Source: moneycontrol.com